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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$219,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
DREAM BUILDING LOT (FULLY SERVICED) ON ELGIN STREET, GODERICH! HST INCLUDED!! Build your dream home/cottage on this beautiful lot in a mature neighbourhood right in the Town Of Goderich! Cleared (flat) lot approx. 52'F x 106'D, ready to build and services at the road (municipal water/sewer, gas, hydro). In area of 'soon to be' newly built homes. R2 town zoning allows one extra permitted uses... call for full details! Plan of Survey dated 2021 available. Buy now at today's lower prices and build whenever you want... ie: no time limited on when you have to build. Close to all town amenities including Lake Huron beaches / sunsets and Town Square! Easy to buy & hold as a real estate investment... call now! (id:39198)
Location
Province
Ontario
City
Goderich
Address
165 Elgin Avenue
Postal Code
N7A1K7
Location Highlights
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Listed by
CENTURY 21 FIRST CANADIAN CORP., BROKERAGE Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$219,900
Asking Price
$219,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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